The growing awareness among people about fitness and healthy lifestyle is one of the major factors propelling market growth. However, factors such as lack of awareness and market penetration in developing countries will hamper the market growth.
The rising adoption of a sedentary lifestyle is exposing people to the high risk of developing various health conditions, such as anxiety, obesity, type 2 diabetes, and osteoporosis. Moreover, an increase in the prevalence of chronic back pain and hectic work schedules have led people to undertake some form of daily exercise to remain healthy and prevent various health-related issues. The increasing awareness about the importance of a healthy lifestyle has led to a rise in the demand for various fitness activities, including interactive fitness. Interactive fitness products provide better flexibility to consumers, which, in turn, helps prevent major body injuries, aches, and pains. Additionally, promotional activities conducted by vendors and the use of social media also help in creating awareness about a healthy lifestyle through various fitness and training activities. This will significantly influence the growth of the global interactive fitness market size during the forecast period.
Global Interactive Fitness Market: End-user Landscape The growing concerns regarding physical health and the risk of cardiovascular and lifestyle diseases increases the use of interactive fitness in the non-residential segment, such as corporate offices, hospitality and public establishments, and gymnasiums. Market growth in this segment will be faster than the growth of the market in the residential segment.
Global Interactive Fitness Market: Geographic Landscape North America had the largest interactive fitness market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The presence of a well-developed health and fitness industry, the high prevalence of obesity and diabetes, and the increasing participation of people in fitness activities will significantly influence interactive fitness market growth in this region. 64% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for interactive fitness products in North America. Market growth in this region will be faster than the growth of the market in other regions.
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CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist in interactive fitness market growth during the next five years
Estimation of the interactive fitness market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the interactive fitness market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of interactive fitness market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market segmentation analysis
Value chain analysis
PART 04: MARKET SIZING
Market sizing 2019
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY END-USER
Market segmentation by end-user
Comparison by end-user
Non-residential - Market size and forecast 2019-2024
Residential - Market size and forecast 2019-2024
Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
Rising trend of exergaming
Rising number of fitness centers and health clubs
Adoption of multi-channel retailing
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
Market positioning of vendors
Axtion Technology LLC
Echelon Fitness LLC
Interactive Fitness Holdings LLC
Motion Fitness LLC
Peloton Interactive Inc.
Tonal Systems Inc.
PART 14: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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